With 2.88 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.53 million shares. The 52-week range on SYF shows that it touched its highest point at $70.93 and its lowest point at $39.67 during that stretch. It currently has a 1-year price target of $78.57. With its current market cap of 23.04 billion, SYF has annualized dividend of $1.00 while the current yield stands at 1.69%. Beta for the stock currently stands at 1.67.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SYF was down-trending over the past week, with a drop of -7.19%, but this was down by -11.10% over a month. Three-month performance dropped to -10.20% while six-month performance rose 21.26%. The stock gained 48.45% in the past year, while it has lost -8.83% so far this year. A look at the trailing 12-month EPS for SYF yields 8.53 with Next year EPS estimates of 8.86. For the next quarter, that number is 1.62. This implies an EPS growth rate of 16.96% for this year and 15.15% for next year. EPS is expected to grow by 17.74% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.99%.
Float and Shares Shorts:
At present, 388.26 million SYF shares are outstanding with a float of 386.58 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SYF since 15 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.87997 being high and $6.57555 being low. For SYF, this leads to a yearly average estimate of $6.63643. Based on analyst estimates, the high estimate for the next quarter is $1.97 and the low estimate is $1.37. The average estimate for the next quarter is thus $1.73.
